Topchoice Medical Corporation (SHSE:600763) announces a share repurchase program. Under the program, the company will repurchase up to CNY 200 million worth of its shares. The shares will be purchased at a price not exceeding CNY 196.23 per share.

The shares repurchased will be used to implement equity incentives or employee stock ownership plans. The repurchase will be funded from company's own or self-raised funds. The program will be valid for 12 months.